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🚨 A Warning About Uber IPO 🚨

Do You Think Current Investors in Uber Will CA$HOUT when Uber goes public?


  • Total voters
    50

everythingsuber

Well-Known Member
Well not everyone can cash out straight away.
If you look at Lyft for example only 11% of stock is able to be traded at present. 6 months from now the rest of the stock hits the market.

Just need to wait and see if the 10 billion is fully subscribed and at what valuation?
There's not going to be any POP Lyft has seen to that and things could go south from day one.

We shall have to wait an see.
 

Drivincrazy

Well-Known Member
I think our best bet as drivers is to wait it out. Say Uber's IPO price per share is $75...wait 6-9 months and we have a shot at maybe...$25 a share...but...what if it goes to $10...then we just lost 60% of our money.
I was thinking those $100, $500, $1,000 bonuses were kinda like a worm on a hook. Uber gives us play money, but then invites us to buy 10,000 dollars worth or whatever...Uber big dogs then take the cash and basically say... "OK, you guys can take over now...see ya'... we got some partying to do...
I'm thinking Uber must move to reward/pay drivers fairly or the associated ongoing problems will be their unraveling. Something to think about Uber Big Dawgs.
 

SurgeMasterMN

Well-Known Member
  • Thread Starter Thread Starter
  • #6
I think our best bet as drivers is to wait it out. Say Uber's IPO price per share is $75...wait 6-9 months and we have a shot at maybe...$25 a share...but...what if it goes to $10...then we just lost 60% of our money.
I was thinking those $100, $500, $1,000 bonuses were kinda like a worm on a hook. Uber gives us play money, but then invites us to buy 10,000 dollars worth or whatever...Uber big dogs then take the cash and basically say... "OK, you guys can take over now...see ya'... we got some partying to do...
I'm thinking Uber must move to reward/pay drivers fairly or the associated ongoing problems will be their unraveling. Something to think about Uber Big Dawgs.
My thoughts exactly... play money they will take back along with money to pump it before the dump. Uber is probably limited to how much they can invest so why not pass it through the drivers to pump it higher.
 

Side Hustle

Well-Known Member
I think our best bet as drivers is to wait it out. Say Uber's IPO price per share is $75...wait 6-9 months and we have a shot at maybe...$25 a share...but...what if it goes to $10...then we just lost 60% of our money.
I was thinking those $100, $500, $1,000 bonuses were kinda like a worm on a hook. Uber gives us play money, but then invites us to buy 10,000 dollars worth or whatever...Uber big dogs then take the cash and basically say... "OK, you guys can take over now...see ya'... we got some partying to do...
I'm thinking Uber must move to reward/pay drivers fairly or the associated ongoing problems will be their unraveling. Something to think about Uber Big Dawgs.
I’m not super knowledgeable about corporate life, but I thought that when a Corp goes public, it will eventually get a new board or directors voted in by the share holders. It may take a while - like erosion. But when Uber stock dives to a breaking point, the board will have to act. Most purchases of stock are a response to short term profitability, with the expected dividends. Long hold buyers, who hope for the stock to go up eventually are a dying breed.
 

warsaw

Well-Known Member
Lockup period: For a preset number of days following an IPO, certain classes of shareholders are restricted from selling their shares. This "lockup period" is designed to protect a newly issued stock from undue selling pressure from insiders. At the end of the lockup period, these restricted shareholders may sell some or all of their shares.

Wait until all the insiders start selling, then the shares will be dirt cheap!

I would imagine $5.00 a share is possible after the lockup period expires.
 

SurgeMasterMN

Well-Known Member
  • Thread Starter Thread Starter
  • #9
Lockup period: For a preset number of days following an IPO, certain classes of shareholders are restricted from selling their shares. This "lockup period" is designed to protect a newly issued stock from undue selling pressure from insiders. At the end of the lockup period, these restricted shareholders may sell some or all of their shares.

Wait until all the insiders start selling, then the shares will be dirt cheap!

I would imagine $5.00 a share is possible after the lockup period expires.
Great info 👍
 

Evil-g

New Member
I’m going in for $5000 and let it sit. I know the opportunity to lose it is there but I’m going to play the game. That’s why I drive Uber to finance vacations, guitars and little things along the way.
 

UberAdrian

Well-Known Member
I’m going in for $5000 and let it sit. I know the opportunity to lose it is there but I’m going to play the game. That’s why I drive Uber to finance vacations, guitars and little things along the way.
This is why you're going to be an Uber driver forever :frown: Don't drink the kool-aid man. The only thing you're going to finance with this thinking is your own bankruptcy.

Watch out for vega.
Of course you have to watch out for vega but first you have to manage your delta. People love to talk about the IV but that's just a minor scaling factor, you get made and broken on the delta. I would also check the gamma before I looked at vega. Rho I don't care for much. Theta I only care if range is < 3 mo otherwise it's pretty linear and I don't care.
 

Evil-g

New Member
This is why you're going to be an Uber driver forever :frown: Don't drink the kool-aid man. The only thing you're going to finance with this thinking is your own bankruptcy.

Great that you know me and my finances so well. Do you own a brokerage or something similar. You know nothing about me yet you assume to know me. Here’s a little I’m retired, own my home, get a pension and medicare and SS income and have plenty of cash to do what I want with.
How dare you assume to know me!!!

Of course you have to watch out for vega but first you have to manage your delta. People love to talk about the IV but that's just a minor scaling factor, you get made and broken on the delta. I would also check the gamma before I looked at vega. Rho I don't care for much. Theta I only care if range is < 3 mo otherwise it's pretty linear and I don't care.
 

UberAdrian

Well-Known Member
Indeed, how dare I. You’re right man, my apologies.

My objection to your concept of investing in Uber stands though. Other drivers might read your stuff and put their life savings into UBER. I’m trying to help these guys raise their income because I know how much they get paid!

It’s great that a rich guy like you is able to gamble on fantasies, I support this. But we can’t let the younger guys who don’t know any homes blow their savings.
 

Evil-g

New Member
Not rich by any means but money is my friend, I’ve worked hard for every dime. I was in no way advocating for anyone to follow my lead. I’m not an investment specialist and don’t understand everyone speaking as though they are. If I were to advise anyone it would be jump in and get your feet wet and play around a little. They are giving us some cash to do it, invest it. I see people when driving blowing money on titty bars, casinos and drinking so most people can afford to invest if they want.

Olive branch extended.
 

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